Accion, a global nonprofit, announced on Tuesday the launch of the Accion Digital Transformation Fund, a $ 152.5 million fund for large financial institutions, including microfinance serving small businesses currently excluded from the world’s financial system. The firm said in a statement that it will provide growth capital and strategic support to these companies for […]
Google partners with Airtel to offer cloud and genAI products to Indian businesses
Airtel, India’s second-largest telecom operator, said on Monday it has entered into a long-term partnership with Google Cloud to develop and deliver cloud and generative AI products to Indian businesses. The partnership aims to tap Airtel’s extensive customer base, which, according to the company, includes 2,000 large enterprises and a million emerging businesses. The companies […]
Renda, which provides order fulfillment for businesses in Africa, takes in $1.9M
The logistics industry in Nigeria, like any informal sector, struggles with poor infrastructure and other inefficiencies, making it difficult for businesses — both large and small — to move and store goods. Many startups have tackled middle-mile and last-mile delivery challenges, but one untapped area is providing an end-to-end fulfillment solution. Renda, a three-year-old startup, […]
Anthropic launches new iPhone app, premium plan for businesses
Anthropic, one of the world’s best-funded generative AI startups with $ 7.6 billion in the bank, is launching a new paid plan aimed at enterprises, including those in highly regulated industries like healthcare, finance and legal, as well as a new iOS app. Team, the enterprise plan, gives customers higher-priority access to Anthropic’s Claude 3 […]
SaaS startup SingleInterface raises $30M to help more businesses get online
SingleInterface, a SaaS startup offering tools to offline businesses to grow their revenues by leveraging the web, has raised $ 30 million in its maiden external fundraising round as the Singaporean startup seeks to expand its footprint internationally and improve products to make them more relevant to global brands. While being offline is still prominent […]